The Pedal Factory
- Assets
- $34.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salisbury, NC
- Founding
- 10/2015
- Data as of
- 12/2023
- EIN
- 47-5304105
Organization Overview
The Pedal Factory is located in Salisbury, NC. The organization was established in 2015. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pedal Factory is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Pedal Factory generated $75.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $72.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Paolino Chairman | 2 | $0 | |
J Todd Rosser Treasurer | 10 | $0 | |
Karissa Minn Secretary | 1 | $0 | |
Sharon Earnhardt Director | 3 | $0 | |
Linda Bartlett Director | 1 | $0 | |
William Feather Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,349 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $75,613 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,056 |
| Professional fees and other payments to independent contractors | $742 |
| Occupancy, rent, utilities, and maintenance | $11,462 |
| Printing, publications, postage, and shipping | $4,153 |
| Other expenses | $13,389 |
| Total expenses | $72,877 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,601 |
| Other assets | $0 |
| Total assets | $34,025 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,025 |